Andrew and Sharon Turner

Andrew Turner and his wife Sharon joined the board of Norwich City F.C. on 8 May 2007.

Business

The couple owns personal finance company Norfolk Capital Limited. Previously known as Central Trust PLC and CT Capital PLC, the company was set up in London in 1987. The business moved to Watford in 1997 and opened a second office in Norwich, which now houses its company headquarters. [1]

Norfolk Capital Limited is a consumer finance company, staffed by c. 400 people and offering a wide range of financial products and services to clients through eight different independent companies, each specialising in a specific product or service and collectively known as the Norfolk Capital Group. All the companies operate in the financial services sector, providing financial solutions to UK clients.

Andrew Turner is Norfolk Capital’s executive chairman and Sharon is a non-executive director on the board. Andrew has been included in Management Today’s list of Britain’s top 100 entrepreneurs on five occasions and Norfolk Capital has appeared in numerous listings of the fastest growing companies, including those produced by The Sunday Times, The Independent, Business Week and Real Business. [2]

Norfolk Capital is based in Norwich, but also has main office locations in Watford and Redditch. It manages its investments through a board and a small support team based at Norwich.

Investments

The company holds majority shares and invests in the following group companies:[3]

Commercial Trust Limited – This is a Norwich-based commercial mortgage brokerage, providing buy to let, bridging and commercial mortgage product services to professional clients;[4]

Central Trust Limited – This is a Watford-based consumer lending company providing second charge loans to UK homeowner clients;[5]

Loan Trust Limited – This is a Watford-based consumer lending company providing unsecured loans to UK homeowner clients;[6]

The Loans Engine – This is a Watford-based loan brokerage providing secured and unsecured loans to UK homeowner clients;[7]

UK Credit Limited – This is a Norwich-based consumer lending business providing unsecured loans to UK homeowners and tenant clients secured by a guarantee typically provided by a friend or relative;[8]

Mobile Money Limited – This is a Redditch-based log book loans lender providing short term loans to clients who are car owners. It has a network of 30 branches across England and Wales.[9]

The company also manages a number of companies with loan and insurance books in run off. These include Central General Limited, Central Life Limited, Central Lending Servicing Limited and Central Homeloans Limited.[10]

Norwich City F.C.

The couple joined the Norwich City board when they acquired Barry Skipper's 5000 shares. Their first action was to loan the club £2 million to cover an expected cash shortfall, meaning City were not forced to sell players to balance the books. [11]

Personal

Andrew and Sharon have been married a number of years and enjoy life in Norfolk. Both maintain an active interest in the local community and Sharon is the Chair of Governors for a local school. Both work and contribute regularly to select local charity projects, as well as the Prince’s Trust.

Andrew holds dual membership of the CIMA and ACCA,[12] and also has an MBA from City University. Sharon holds membership of the CIMA.

References

  1. ↑ "New directors save football stars.". 8 May 2007. Retrieved 25 August 2007.
  2. ↑ "CT Capital PLC Homepage". Retrieved 22 September 2014.
  3. ↑ "CT Capital PLC Investments". Retrieved 22 September 2014.
  4. ↑ "Commercial Trust Homepage". Retrieved 22 September 2014.
  5. ↑ "Central Trust About Us". Retrieved 22 September 2014.
  6. ↑ "The Loan Trust Information". Retrieved 22 September 2014.
  7. ↑ "The Loans Engine - About Us". Retrieved 22 September 2014.
  8. ↑ "UK Credit About Us". Retrieved 22 September 2014.
  9. ↑ "Mobile Money - Branch Locations". Retrieved 22 September 2014.
  10. ↑ "CT Capital PLC Investments". Retrieved 22 September 2014.
  11. ↑ http://news.bbc.co.uk/1/hi/england/norfolk/6636355.stm
  12. ↑ "ACCA Membership". Retrieved 22 September 2014.
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